Overview
What is Northfork Electric Cooperative Inc?
Northfork Electric Cooperative Inc is a nonprofit organization headquartered in Sayre, Oklahoma. With a team of 31 dedicated employees, their primary mission is to provide electricity to their members on a cooperative basis. They serve approximately 6,561 active members at the end of the year, allocating patronage capital to them. The cooperative's activities focus on ensuring access to electricity for its members, allowing them to benefit from the cooperative structure and contribute to the organization's success.
Official website here: www.nfecoop.com
Is Northfork Electric Cooperative Inc legitimate?
Northfork Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northfork Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $470,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $327,491
For more financial information, click here
Official website here: www.nfecoop.com
What is the mission statement of Northfork Electric Cooperative Inc?
Northfork Electric Cooperative Inc is committed to delivering electricity to its members in a cooperative manner. This cooperative's primary goal is to ensure access to electricity for its 6,561 active services at year-end. The cooperative allocates patronage capital to its members, reflecting its member-owned structure. By providing electricity cooperatively, Northfork Electric Cooperative Inc fosters a sense of community and shared responsibility among its members. The cooperative's dedication to supplying reliable electricity enables its members to lead comfortable and efficient lives. Through this collaborative approach, the cooperative plays a crucial role in enhancing the daily experiences and well-being of its members.
Official website here: www.nfecoop.com
Who is the CEO of Northfork Electric Cooperative Inc?
Brent Meador is the General Mana of Northfork Electric Cooperative Inc.
Official website here: www.nfecoop.com
What is the revenue of Northfork Electric Cooperative Inc?
Northfork Electric Cooperative Inc's revenue in 2022 was $25,525,722.
Official website here: www.nfecoop.com
Who are the executives of Northfork Electric Cooperative Inc and what are their salaries?
The average compensation at Northfork Electric Cooperative Inc during 2022 was $25,745. There are 31 employees at Northfork Electric Cooperative Inc.
Here are 10 key members and their salaries:
- Brent Meador (General Mana)
- Thomas Sawyer (Director Ope)
- Glen Tignor (Maintenance)
- Chad Smith (Secretary) [Trustee/Director]
- Brad Harrison (Trustee)
- Brandon Hickey (Trustee)
- Bandy Silk (Vice Preside) [Trustee/Director]
- James C Taylor (President) [Trustee/Director]
- Chris Mackey (Trustee)
- Charles L Hickey (Trustee)
Official website here: www.nfecoop.com
Where can I find the form 990 for Northfork Electric Cooperative Inc?
The Northfork Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nfecoop.com
Learn more at the official website: www.nfecoop.com
Mission Statement of Northfork Electric Cooperative Inc
Northfork Electric Cooperative Inc, a cooperative organization, is dedicated to providing electricity to its members in a collaborative manner. With a mission to deliver electricity on a cooperative basis, Northfork Electric Cooperative Inc serves over 6,500 active services at the end of the year. The members of this cooperative are allocated patronage capital, which is a reflection of the cooperative's commitment to its members' investment in the organization.
At the heart of Northfork Electric Cooperative Inc's operations is the provision of essential electric services. The cooperative's team works diligently to ensure that each member receives the electricity they need to power their homes and businesses. The cooperative's approach to electricity delivery sets it apart, fostering a sense of community and mutual support among its members.
Northfork Electric Cooperative Inc's mission extends beyond simply providing electricity. The cooperative's commitment to its members goes beyond the electrical needs of their homes and businesses. By allocating patronage capital, Northfork Electric Cooperative Inc acknowledges the contributions of its members and invests in their future. This cooperative spirit strengthens the bonds between the members and the organization, creating a sense of unity and shared purpose. Through its cooperative approach to electricity provision, Northfork Electric Cooperative Inc not only meets the electrical needs of its members but also fosters a strong, supportive community.
Impact
This information is meant to be a general summary of Northfork Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Northfork Electric Cooperative Inc provides vital electricity services to its members on a cooperative basis, serving 6,561 active services by the year-end. Its impact lies in ensuring reliable access to electricity for individuals and businesses in Sayre, Oklahoma, contributing to the overall well-being and development of the community. Through its mission of providing electricity on a cooperative basis, Northfork Electric Cooperative Inc plays a crucial role in enhancing the quality of life and supporting economic activity in the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRICITY SALES
Revenue
$25,012,266
PATRONAGE DIVIDENDS
Revenue
$429,869
Organization Details
Founding Year
1939
Phone
(580) 928-3366
Principal Officer
Brent Meador
Main Address
PO BOX 400, SAYRE, OK, 736620400
Website
www.nfecoop.com
NTEE Category
Code: W80 - Public benefit
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